deploying asset management software in mid sized facilities

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Powerful Visibility. Superior Decisions. Deploying Asset Management in Mid-Sized Facilities Ed Garibian President [email protected]

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Page 1: Deploying asset management software in mid sized facilities

Powerful Visibility. Superior Decisions.

Deploying

Asset Management

in Mid-Sized Facilities

Ed Garibian

President

[email protected]

Page 2: Deploying asset management software in mid sized facilities

Today’s Discussion

1. What is EAM, and what does it

do?

2. Deploying EAM: The 5 Critical

Success Factors

3. Case Studies / Success Stores

4. Review & Questions

Page 3: Deploying asset management software in mid sized facilities

EAM:

What Is It?

“The whole life optimal management

of the physical assets of an

organization to maximize their

value.”

Page 4: Deploying asset management software in mid sized facilities

EAM Software Basics:

What It Does

• Asset Tracking

• Work Order Management

• Preventive Maintenance

• Reporting & Analysis

• Cost of Ownership

Page 5: Deploying asset management software in mid sized facilities

Isn’t everyone doing this ?

• Large company EAM

systems don’t meet

mid-size requirements

• Low-cost CMMS’s don’t

have needed functionality

Page 6: Deploying asset management software in mid sized facilities

• Solutions are often being

driven by folks in

operations

• Size and budget factors,

of course, but…..

Mid-Market Defined

Page 7: Deploying asset management software in mid sized facilities

Why It Makes Sense

• Worldwide/Offshore Competition

• Margin Compression

• Budget Cuts

• Government Regulation

Page 8: Deploying asset management software in mid sized facilities

Today, Even Smaller Enterprises

Cannot Have Island Solutions

• Parts & Inventory Management

• Work-Order Management

• Haz. Mat Tracking & Disposal

• Mobile technology

• Interoperability?

• Asset Management

Page 9: Deploying asset management software in mid sized facilities

5 Critical Success Factors

• Interoperability

• Ease of Use

• Flexibility

• Safety & Environmental

Compliance

• Cost & Implementation

Page 10: Deploying asset management software in mid sized facilities

Success Factor #1

Interoperability

• Integrate with ERP/Financials for

seamless data transfer

• Interconnect with factory/plant production

and/or HMI for real-time costs, conditions,

scheduling

• Simple, easy access, via multiple platforms

• Web-enabled architecture (XML)

Page 11: Deploying asset management software in mid sized facilities

Success Factor #2

Ease of Use

• Short learning curve

• User-friendly graphic interface

• User-defined functionality/data access

• User-selectable information display

• Mobile device accessibility

Page 12: Deploying asset management software in mid sized facilities

Success Factor #3

Flexibility

• Flexible asset attributes & data capture

• Customizable work order & data history

• Configurable asset lifetime efficiency

• Information presentation in formats

that support operations

Page 13: Deploying asset management software in mid sized facilities

Success Factor #4

Safety & Environmental Compliance

• Cradle-to-grave hazmat

tracking & disposal

• Safety-related

maintenance work orders

Page 14: Deploying asset management software in mid sized facilities

Success Factor #5

Cost & Implementation

• Faster Deployment = Higher ROI

• IT Infrastructure impact

• Start-up and implementation time/expense

• Total project cost

• Ease of use = use = Higher ROI

Page 15: Deploying asset management software in mid sized facilities

Case Study:

Savage Arms

• Small arms manufacturer

• 40% drop in consumables

• Dramatic tool crib efficiency

• Inventory cut 23%

• MRO expense reduced 20%

Page 16: Deploying asset management software in mid sized facilities

Case Study:

City of Bellingham

• Water Treatment Facility

• Looking for more

complete solution

• Customized Asset

Management to fit unique

needs

• Low implementation costs

Page 17: Deploying asset management software in mid sized facilities

It’s All About a Focused Solution

• From an operations/plant

perspective

• Contributes to LEAN

initiatives

• Scalable

• Reporting and visibility w/o a

PhD.

Page 18: Deploying asset management software in mid sized facilities

Summary

• Pick a EAM/CMMS built for mid-sized

companies

• 5 key factors for successful EAM

deployment

• Great opportunity for productivity

improvement & expense reduction

Page 19: Deploying asset management software in mid sized facilities

Questions?